INTEGRATED SUSTAINABLE TRANSPORT

AtkinsRéalis snaps up major Riyadh Metro, road infrastructure projects

Sat, 11 Jul 2026

AtkinsRéalis has secured a major contract from Royal Commission for Riyadh City (RCRC) to provide engineering services and supervision contracts to support the operation and expansion of the Riyadh Metro network and oversee key road infrastructure development projects across Riyadh.

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RELATIONSHIP AGREEMENT TERMINATED

e& announces $5.95bn sale of Vodafone investment

Fri, 10 Jul 2026

Emirates Telecommunications Group Company (e&) has announced the termination of its relationship agreement with Vodafone Group and sale of its shares in the company for approximately AED21.8 billion ($5.95 billion).

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PASSENGER NUMBERS TO TOP 10bn

Airbus forecasts demand for 42,000 new aircraft over next two decades

Fri, 10 Jul 2026

Global airlines will require more than 42,000 new aircraft over the next 20 years, driven by rapid urbanisation, rising incomes and the growing accessibility of air travel, according to Airbus' 2026-2045 Global Market Forecast.

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IRAN DOESN'T CONTROL STRAIT: CENTCOM

Strait of Hormuz traffic slows to a trickle as US-Iran clashes fuel tensions

Fri, 10 Jul 2026

Oil tanker traffic through the Strait of Hormuz slowed to a near standstill on Thursday as renewed military exchanges between the United States and Iran shattered a three-week-old ceasefire, raising fresh concerns over energy supplies and regional security.

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ANALYSIS

Luxury brands turn to AI as consumers embrace technology, says expert

Wed, 08 Jul 2026

Artificial intelligence (AI) has become a growing strategic focus for luxury companies as consumers increasingly use AI tools during purchasing decisions, although many brands are still working to move beyond experimentation, according to an industry expert.

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Top This Week

New cancer cases can double by 2050, urgent action needed: WHO

Thu, 09 Jul 2026

Millions of people are facing physical, emotional and financial toll of cancer, a disease that claims more than 26,000 lives every day, according to a report released by the World Health Organization (WHO).

Ras Al Khaimah set to deliver over 25,000 new homes by 2030

Wed, 08 Jul 2026

Ras Al Khaimah is expected to add more than 25,000 residential units over the next four years, with apartments accounting for 97% of the planned supply, mainly driven by population growth, higher foreign investment and expanding business activity in the emirate, said an real estate industry expert.

UAE attracted $48.3bn foreign direct investment in 2025

Wed, 08 Jul 2026

The UAE attracted $48.3 billion (AED177.3 billion) in inbound foreign direct investment (FDI) in 2025, marking a fourth consecutive year of record inflows and a 6% increase year-on-year.

Saudi Arabia drives GCC project markets in Q2 despite slowdown

Wed, 08 Jul 2026

Project awards in the GCC region for the second quarter surged to $59.4 billion, up 30% over last year supported by higher contract activity in Saudi Arabia and Oman, although activity slowed sharply from Q1, according to a report.

Dubai Taxi Company completes $394.8m acquisition of National Taxi

Wed, 08 Jul 2026

Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in Dubai, today announced the completion of its acquisition of 100% of the share capital of National Taxi, following receipt of all required regulatory approvals.

Trump says interim agreement with Iran 'over' as Gulf conflict escalates

Wed, 08 Jul 2026

US President Donald Trump said on Wednesday that the interim agreement between the United States and Iran aimed at ending weeks of hostilities was effectively "over," following a sharp escalation in military exchanges across the Gulf that has further rattled global energy markets and disrupted shipping through the Strait of Hormuz.

Avenew, Kora unveil $1.6bn mixed-use destination at Dubai Motor City

Wed, 08 Jul 2026

Avenew Development and Kora Properties have announced the launch of O1NE District, a mixed-use destination being developed at an investment of AED6 billion ($1.6 billion) in the heart of Dubai Motor City. It boasts six commercial towers, an integrated retail hub, healthcare facilities and landscaped public spaces.

Riyadh Metro Red Line extension set for tunnelling phase

Wed, 08 Jul 2026

Construction of the Riyadh Metro Red Line extension has reached a major milestone with the completion of manufacturing and factory acceptance testing of the tunnel boring machine (TBM) that will be used to excavate the King Saud University-Diriyah Gate underground section, said a report.

Global FDI rose 6% to $1.6 trillion in 2025, uneven growth seen

Wed, 08 Jul 2026

Global foreign direct investment rose 6% to $1.6 trillion in 2025, ending two years of decline, but the recovery remains narrow, fragile and uneven, according to the World Investment Report 2026 by UN Trade and Development (UNCTAD).

Bahrain proposes mandatory NOC for property transactions

Sat, 11 Jul 2026

Buying a property in Bahrain could soon come with an added layer of protection after the kingdom’s Capital Trustees Board backed a proposal requiring a No Objection Certificate (NOC) confirming a building is free from hidden municipal violations before a sale is completed, said a report.

SmartWatt, BSES seal landmark grid flexibility engagement deal

Sat, 11 Jul 2026

SmartWatt Consulting and Integrated Energy Services, an Abu Dhabi-headquartered energy technology company, has partnered with India's BSES Rajdhani Power to develop AI-enabled demand-side flexibility solutions for capital Delhi's electricity network under the Muruna Initiative.

flydubai resumes flights to Aleppo, increases Damascus frequency

Fri, 10 Jul 2026

flydubai, the Dubai-based carrier, has announced the resumption and expansion of its network operations into Syria with the launch of a new daily non-stop service to Aleppo International Airport (ALP).

SmartWatt, BSES seal landmark grid flexibility engagement deal

Sat, 11 Jul 2026

SmartWatt Consulting and Integrated Energy Services, an Abu Dhabi-headquartered energy technology company, has partnered with India's BSES Rajdhani Power to develop AI-enabled demand-side flexibility solutions for capital Delhi's electricity network under the Muruna Initiative.

Luxury brands turn to AI as consumers embrace technology, says expert

Wed, 08 Jul 2026

Artificial intelligence (AI) has become a growing strategic focus for luxury companies as consumers increasingly use AI tools during purchasing decisions, although many brands are still working to move beyond experimentation, according to an industry expert.

Majid Al Futtaim opens indoor family entertainment destination in Dubai

Sat, 11 Jul 2026

Majid Al Futtaim, a leading mall developer and leisure pioneer in the region, has opened Explorers, a new indoor family entertainment destination at City Centre Mirdif in Dubai, combining free-play attractions including climbing structures, tunnels and slides with educational workshops.

Mubadala Health Dubai, GlobeMed Gulf sign cooperation deal

Fri, 10 Jul 2026

GlobeMed Gulf, a leading healthcare benefits management company in the UAE, and Mubadala Health Dubai, a key pillar within M42’s world-class portfolio of healthcare providers, have announced a strategic cooperation agreement aimed at enhancing healthcare accessibility and improving the patient experience in Dubai.

Bahrain's Danat announces board overhaul, leadership changes

Mon, 06 Jul 2026

Bahrain's Institute for Pearls and Gemstones (Danat) has named a new board of directors led by Chairman Mohamed Ahmed AlSada. The reconstituted board will oversee the institute's pearl, gemstone and jewellery testing services and support its role in the kingdom’s gem industry.

stc pay Bahrain inks deal with Payment International Enterprise

Sat, 11 Jul 2026

Bahrain's leading mobile wallet for digital financial transactions stc pay has announced a strategic partnership with Payment International Enterprise (PIE), a fintech and payment solutions provider, to enable stc pay QR payments on PIE Point of Sale devices across the kingdom.

e& announces $5.95bn sale of Vodafone investment

Fri, 10 Jul 2026

Emirates Telecommunications Group Company (e&) has announced the termination of its relationship agreement with Vodafone Group and sale of its shares in the company for approximately AED21.8 billion ($5.95 billion).

Abu Dhabi opens control centre for autonomous vehicle operations

Sat, 11 Jul 2026

Abu Dhabi's Integrated Transport Centre (ITC) has inaugurated a central control room to oversee and monitor autonomous vehicle operations across the emirate, as authorities step up efforts to support the rollout of self-driving transport services.

Abu Dhabi opens control centre for autonomous vehicle operations

Sat, 11 Jul 2026

Abu Dhabi's Integrated Transport Centre (ITC) has inaugurated a central control room to oversee and monitor autonomous vehicle operations across the emirate, as authorities step up efforts to support the rollout of self-driving transport services.

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